SG Americas Securities LLC Has $5.19 Million Holdings in Rush Street Interactive, Inc. $RSI

SG Americas Securities LLC boosted its holdings in shares of Rush Street Interactive, Inc. (NYSE:RSI) by 442.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 267,334 shares of the company’s stock after acquiring an additional 218,008 shares during the period. SG Americas Securities LLC’s holdings in Rush Street Interactive were worth $5,194,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Rush Street Interactive by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,163 shares of the company’s stock worth $484,000 after acquiring an additional 1,893 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Rush Street Interactive by 18.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company’s stock valued at $7,394,000 after purchasing an additional 109,366 shares in the last quarter. Swiss National Bank grew its position in shares of Rush Street Interactive by 5.5% in the 2nd quarter. Swiss National Bank now owns 172,100 shares of the company’s stock valued at $2,564,000 after purchasing an additional 9,000 shares during the period. Legal & General Group Plc grew its position in shares of Rush Street Interactive by 12.8% in the 2nd quarter. Legal & General Group Plc now owns 107,250 shares of the company’s stock valued at $1,598,000 after purchasing an additional 12,143 shares during the period. Finally, Rhumbline Advisers increased its stake in Rush Street Interactive by 19.1% during the 2nd quarter. Rhumbline Advisers now owns 128,886 shares of the company’s stock worth $1,920,000 after purchasing an additional 20,693 shares in the last quarter. 24.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Rush Street Interactive

In other Rush Street Interactive news, CFO Kyle Sauers sold 23,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $19.46, for a total transaction of $447,580.00. Following the sale, the chief financial officer directly owned 640,306 shares of the company’s stock, valued at $12,460,354.76. The trade was a 3.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Paul Wierbicki sold 15,000 shares of the stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $21.05, for a total transaction of $315,750.00. Following the transaction, the insider owned 168,256 shares of the company’s stock, valued at approximately $3,541,788.80. This represents a 8.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,407,743 shares of company stock valued at $26,371,042 over the last quarter. 56.94% of the stock is currently owned by corporate insiders.

Rush Street Interactive Stock Up 1.2%

Shares of RSI opened at $22.00 on Thursday. The stock has a market capitalization of $5.11 billion, a P/E ratio of 78.58 and a beta of 1.45. Rush Street Interactive, Inc. has a twelve month low of $9.66 and a twelve month high of $22.65. The company has a 50 day moving average of $19.16 and a 200-day moving average of $19.05.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). Rush Street Interactive had a return on equity of 17.95% and a net margin of 2.94%.The business had revenue of $324.89 million during the quarter, compared to the consensus estimate of $305.08 million. During the same period in the prior year, the firm earned $0.07 EPS. The business’s revenue for the quarter was up 27.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on RSI. Freedom Capital raised shares of Rush Street Interactive to a “strong-buy” rating in a research note on Wednesday, March 11th. Susquehanna set a $22.00 price objective on shares of Rush Street Interactive in a report on Wednesday, January 21st. Wells Fargo & Company started coverage on shares of Rush Street Interactive in a research report on Thursday, March 26th. They issued an “overweight” rating and a $26.00 price objective on the stock. Zacks Research lowered shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Finally, Needham & Company LLC lifted their price target on Rush Street Interactive from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $23.22.

About Rush Street Interactive

Rush Street Interactive (NYSE: RSI) is a digital gaming and sports betting company that develops and operates online wagering platforms in regulated markets. As a subsidiary of Rush Street Gaming, the company specializes in delivering interactive casino games, live dealer experiences, and sports betting services through desktop and mobile applications. Its technology infrastructure is designed to support real-time wagering, secure transactions, and responsible gaming tools across multiple jurisdictions.

The company’s flagship brand, BetRivers, offers a range of casino titles—including slots, table games, and virtual sports—alongside a comprehensive sportsbook featuring pre-game and in-play betting markets.